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this big, grand compromise, the president and and congressional leaders need to negotiate to raise that limit. they're e manding 2 trillion in spending cuts be made to give the president the increase he wants and democrats demanding any deal to cut spending like that has to include an increase in tax revenue. the big question, going into tonight's meeting is whether a smaller deficit reduction n dea is possible. both sides are saying it can be done. failure to do it would lead to economic meltdown. >> jon, thank you very much. joining me to discuss the road ahead is the white house chief of staff bill daley. thank you very much for joining us. you've heard what jon said. you've seen what speaker boehner has done last night. what's your reaction to the deal being pulled right now? >> it's very unfortunate the speaker made the comments he has. the president is committtt to solving this deficit possible for the future of america. he's looking forward to the meeting to play out his case. he's saying, it is time now to make the tough decisions. in this town, generally they kick the can.
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
>>> good morning. a big stink in one bay area neighborhood. what is causing that awful smell. >>> and overnight explosion and fire in one of the bay area's most affluent areas. some critical questions still need to be answered. >>> a crackdown on cutting classes. a controversial decision in concord, just hours ago. >>> election the bug that could ruin the summer for many bay area campers. "mornings on 2" starts now. >>> well, good morning. welcome to "mornings on 2." i'm dave clark. >> i'm tori campbell. it's wednesday, july 13th. >>> well, overnight, right now, the cause of an early-morning fire in atherton is under investigation. now, this fire started at a home on mount vernon lane at about 3:00 a.m. at this at this house. part of the house is currently under construction. we were able to find out everybody inside got out safely. >>> san francisco police are investigating two similar overnight robberies that happened within blocks of each other. the first one was on stockton and sutter streets at 1:00 a.m. the second one happened just a couple of blocks down ton sutter, 45
much progress towards getting a deal done. so we'll have to see if anything big came out of this meeting. what we can tell you is the backdrop is dwindling hope for getting a big deal done. as you said, president obama was pushing for a big deal, especially at the end of last week. somewhere in the neighborhood of $4 trillion in deficit reductions over the next ten year. it looked like at the end of last week, at least, speaker boehner was trying to get on that same page. it would have involved coming to the table over entitlement reforms, ib vochled republicans coming to the table over rolling back tax credits for wealthy americans and big corporation, but then over the weekend, speaker bain boehner wouldn't be able to support a big deal. they are discussing as you said a deal half the size. somewhere in the neighborhood of $2 trillion to $3 trillion in cuts. we expect eric cantor to have come to this meeting with their proposal. we expect that's what they were discussing during this meeting. we'll let you know exactly what happened once we find out. the president earlie
. and carney saying that tomorrow is a big day and everybody has to either come to an assessment that we can do a significant deal and they were talking of course of the $4 trillion deal until the republicans pulled the plug on that last weekend, and they have to come in friday, and friday is shaping up to be something of a deadline, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from somethi
of the big things we agree after a decade of racking up deficits and debt we need to get our fiscal house in order we agree to do that both sides will have to step outside of their comfort zones and make some political sacrifices. >>> if key players reach a deal congressional leaders will have to bring it back for members to vote it is almost an automatic no vote for republicans elected with tea party backing. >>> even the leaders were getting testy on the house friday >> i strongly believe we ought to pay for what we buy but i also believe we ought not to put this country on the brink of financial chaos and bring us down in the eyes of the world, let's just review stay it'sics, mr. -- statistics, mr. speaker there have been 2.5 million jobs lost since this president took office. >>> negotiators need a deal in the next 9 few days if they need to -- in the next few day ifs they need to meet the august 2nd deadline. >>> now president obama is getting a little r and r before tonight's rare sunday meeting he spent the night in maryland mountains at camp da
after trying to make a jailhouse visit? ♪ >> and a big turnaround for the music industry. how artists like lady gaga played a big role in the recovery. >>> good morning. i'm alex witt. welcome to msnbc saturday. first we go to the legacy of betty ford. the former first lady completely changed the way americans talk about addiction, breast cancer, and other tough issues that people used to deal with in silence. mrs. ford died last night at the age of 93, and she said she was an ordinary woman called on stage at an extraordinary time. nbc's brian williams has more. ♪ >> reporter: we got to know her all over again during the week of mourning for president gerald ford, her strength and dignity still intact 30 years after leaving the white house. >> i was an ordinary woman called on stage at an extraordinary time. >> the president's first and our first lady, betty ford. >> reporter: elizabeth bloomer ford, never expected to be anything other than a congressman's wife. >> his wife, betty ford. >> reporter: but she became first lady the day richard nixon resigned. it was, she later said, t
of the big deal, speaker boehner has suggested to sunset upper income tax cuts that tax code would be rewritten but last night he told president obama and called it off. he released a written statement that read in part, white house will not pursue a bigger debt reduction agreement without tax hikes. best approach may be to focus on producing a smaller measure. they suggested the disappointing jobs report in june was a game changeser. >> it ought to insent visa us to do a big package without raising taxes but we're hoping the president is not thinking he was as six months ago and he was making the arguments that raising taxes in the middle of this recession or slowdown, whatever you want to call it was a bad idea. >> reporter: secretary geithner says $2.5 trillion out of spending alone would unfairly impact the elderly and middle-class and also be bad for the economy and slow down job growth. >> heather: we'll see what happens. thank you very much. >> gregg: the clock is ticking for a debt limit deal to be struck and maybe faster than many people think. white house aids say a deal
night to join at least six other bay area cities. >>> a big day for the man kicked off that plane because of his sagging pants. the decision the d.a.'s office is expected to hand down later today. >>> and a new report raises more concerns for pg&e pipelines. the flaw that could cause major failures during a big earthquake. it's all ahead here on the ktvu morning news. >>> well, good morning to you. welcome to a brand new day. it's the middle of the week wednesday july 13th. i'm dave clark. >>> good morning. i'm pam cook. thank you for joining us. it's definitely cool out there once again. steve paulson has the forecast. >> all right. pam, dave, thank you very much. we have overcast conditions. not only low clouds but very low clouds in the form of fog and a lot of mist and drizzle again. plus you have a rather significant sea breeze in place. it's going to be a very cool day even well inland as temperatures in areas that should be near the upper 80s or 90s will be in the 70s and closer to the coast 50s and 60s. here's sal. >>> traffic is moving along well here in oakland northboun
to ask the big oil companies to give up one dime not one dime of their $4 billion annual subsidy. they have refused to ask big corporations to give up one dime in their corporate loopholes. what we are negotiating with is a group of people who won't compromise. a group of people who have said we want the middle class to pay more taxes so that big corporations can pay less. we want seniors to lose their medicare so that big oil companies can continue to foost on their subdis. that's what the problem is. >> the case that republicans have taken a hard line on talks, at the same time democrats are taking what sounds like a hard line on entitlements. let me read a statement from leader pelosi that says we continue to oppose benefit cuts in social security and medicare. these pillars should not be used a as piggy bank to subsidize tax cuts for the wealthy. are democrats not just as guilty of failing to compromise as republicans are in this case? >> no, absolutely not. what we have said and i think most americans would agree with this is the middle class and seniors should not be asked
agree on some of the big things. we agree that after a decade of racking up deficits and debt, we need to get our fiscal house in order. we agree that to do that, both sides are going to have to step outside of their comfort zones and make some political sacrifices. >> if the key players do reach a deal, congressional leaders will have to bring it back for their members to vote. it's almost an automatic no vote for republicans elected with tea party backing and democrats promised to keep entitlements as it. the leaders were getting testy on the house floor friday. >> i'm one of those who strongly believes we aught to pay for what we buy. but i also believe that we aught not to put this country on the brink of financial chaos and bring us down in the eyes of the world. >> let's just review some of the statistics, mr. speaker. there have been 2 1/2 million jobs lost since this president took office. >> negotiators need a deal in the next few days. because it will take three weeks to write the bill, tweak it, and push it through both houses n. washington, caroline shively, fox news.
and increase the nations borrowing limit. >> everything they have told me and the speaker is to get a big package would require big tax increases in the middle of an economic situation extraordinarily difficult 9.2% unemployment. it is a job killer. >> we need to do something very big, substantial to bring long term debt down overtime we have to do that in a way that is good for the economy. >> reporter: of course there is a difference in opinion what is exactly good for the economy, house speaker john boehner said look the republicans are not going to agree on any package that includes any increases in taxes therefore the republican package is $2 trillion where as the deal the president has been pushing is a $4 trillion deal we should learn more at the press conference scheduled here at the white house 11:00 a.m. >>> three small planes in three separate incidents had to be intercepted by fighter jets this weekend each plane flew too close to camp david. the first around noon saturday another later that night the third happened late yesterday morning in every case the planes landed withou
's office admits it is a big blow to the department. >> it was a tough blow to swallow to let those highly trained officers go. to ruse 66 officers with that training, that's a huge investment the city has basically lost. >> reporter: he said the training is crucial for a person who might not understand why police have a gun pointed at him. the police department says it will pull officers from other beats if it has to to respond to a cit incident. the department concedes that will delay response time. we're at police headquarters, nbc bay area news. >>> we have some breaking news to share with you. she was one of the most active and socially forward and well known first ladies of our time. but today, betty ford has died at the age of 93. betty ford was married to former president gerald ford for 58 years. he also died in 2006 at the age of 93. elizabeth ann warren ford was born april 8, 1918. she was known as betty ford and won't to also serve as the first lady of the united states from 1974 to 1977. she was very active in social policy, shattering lots of precedents and had a very moderat
big time and temperature will go up tomorrow we want to give you an early warning we think tomorrow will be hotter than today. pools will sure be busy, check out dupont circle the thermometer saying 101 degrees we will be real close again tomorrow this is the kind of heat once again where you have to protect yourself and we do have a head advisory issued for tomorrow for triple digit heat. where are we now temperature 93 degrees, i do believe that we did get to about 94 degrees let's get this in motion for you so you can see it, look down to our south, 95 fredericks burg, a little bit of relief if you are near water today but when you factor in humidity, really off the charts feels like 116 degrees fredericks burg these are crazy numbers, 104 dc for the heat index, 105 monassis and 100 in annapolis. i mentioned the heat advisory it does not include far northern and western areas you may get a cloud deck and thunderstorms and speaking of thunderstorms, over to true view because we have a big complex of storms, that tracks through chicago causing 600,000 power outage, we have a severe
obama stead was time for both parties to eat our peace, make tough choices for a big budget deal. today he said without a deal there may not be enough money to send out social security checks. for many republicans in congress, opposing tax has become more than ideology. it's become relation. they're advocating their responsibility to co-govern. how are we ever going to get a deal if republican leaders more afraid of the tea party than it economic collapse to come? >>> also, pray away the gay. michele bachmann's husband says it's not trying to pray gay straight, but there's a different story. this may may michele bachmann more popular with her base, but what after everyone else? >>> plus, the murdoch scandal keeps getting bigger and bigger. gordon brown told the bbc murdoch used known criminals to get access to his personal information and it hit the "sunday times" of london and his company stock is sinking. how bad will this get? >>> jon stewart and fun, a lot of fun, actually, with the murdoch story. that's on the "sideshow" tonight. >>> finally, let me finish with a name synonymous wi
, hi, there, thomas. it seemed like forget hope for getting a big deal done in the arena of $4 tril john lion in tt decade was dwindling, but republicans would not accept a deal that big and they wanted $2 trillion over the next decade, but as you mentioned president obama came out today swinging, upping the ante saying he does indeed want a big deal done and if not now, when? and he essentially tried to assume the position of the adult in the room calling on the lawmakers to rip off the band-aids and eat the peas and call to action for democrats and republicans and calling the democrats to come to the table for entitlement reforms, and the republicans for rolling back the tax breaks for wealthy americans and big corporations, and it seemed like at the last of last week, the president and the speaker boehner may have been moving in the same direction, but then speaker boehner said we cannot support anything that looks like a tax increase. and so the president addressed that in his conversation today, and he said that any tax brea increases would not take effect immediately. >> when
heated yesterday between obama and eric cantor. while they bicker, the big three credit rating agencies are warning the aaa bond status could be at risk. the debt ceiling deadline, as you may know, is august 2nd, but the president set tomorrow for the deadline to see if a grand bargain is possible, if not a bare bones bargain. if not, payments to critters, bill payments, you name it, there is not enough income to cover all that. every month we come up $125 billion short. if we cannot borrow to bridge the cap, 40% of the monthly obligations could not be paid, and that could include social security checks due to go out on august 3rd. the stakes we just laid out are monumental, so both sides have to give ground and risk their jobs for the good of the country. what is so hard about that, right? joining me with their insights on conflict resolution are cnn contributor, pete dominic, and family law attorney, mrs. winestein. what does it take for two entrenched parties to agree on a deal that both need? >> well, you know, the obvious is that you take the emotion out of the room and you try to
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
's right. you know, the big point of contention yesterday was with house majority leader eric cantor pushing for this short-term deal or a series of short-term deals. the president, according to democratic sources familiar with the talks, made it clear that that is something he does not support and something he would veto. the president has, for the last few days, and certainly weeks as well, been pushing for the biggest deal possible where it it seemed to get some support. of late, it has not. the president believing if you start talking about the short-term deals, you run into the political season where you negotiate the things all over again. if you can't get this done now, how will you get this done in the thick of the political season? tense discussions yesterday. the president agitated and believing that republicans are using the debt talks to make political points. the president making the point, according to those inside the meeting, that this kind of atmosphere just confirms some of the worst fears that americans have about the way washington works. >> well, yeah. the way wa
that size. >> that would require big tax increases and it's a job killer as it is. >> he did not come to this town to do little things. he came to do big things. >> it should be a busy monday. the president will hold a press conference on monday morning and resume negotiations with congressional leaders. jay korff, abc 7 news. >for>> for updates log on to our web site, wjla.com. >>> following a developing story. above camp david, fighter jets intercepted three small planes on the weekend for flying too close to the presidential retreat. it does not appear that the incidents are linked. investigators believe the pilots were likely inexperienced or not from the area. >> if you get your pre-flight briefing and have your charts and everything, it should not happen. >> president obama was at camp david when two of the incidents happened. the fighter jets were dispatched because the small planes or out of radio communication. the planes landed without incident. >>> a crash killed a woman in haymarket, virginia, sunday afternoon on james madison high way. the dodge caravan collided wisps of
shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hotel bids to find where you n save up to 60% on hotels. * we'll even email you other people's winning bids, so you'll know what price to name. *á with new hotel bid alerts, from priceline. >>> welcome backing to "american morning." all enemies of india possible suspect this morning after three bomb blasts rocked the country's largest city during rush hour yesterday. 18 people were killed. that's down from 21. and now yesterday, 131 are wounded. officials say these attacks were coordinated by terrorists. but there have been no arrests. india is denying that they were -- missed any warning signs. >> the fac
. >> oh, my gosh. everything's big in texas. >> and a year in jail. unbelievable. >> you can catch our legal guys every saturday noon eastern right here in the "cnn newsroom." -- captions by vitac -- www.vitac.com >>> the u.s. is withholding $800 million in aid to pakistan. president obama's chief of staff confirmed the move today. william daley says pakistan has, quote, taken some steps that have given us reason to pause, end quote. the pakistani military tells cnn it has not been officially informed that aid from washington is being withheld. >>> with the final edition of britain's popular tabloid "news of the world" on stands, rupert murdoch is hoping to limit the damage to his media empire. murdoch arrived in london today. his company's british subsidiary closed "news of the world" after reports the newspaper hacked the phone of a missing teenager who was later found dead. >>> in india 13 cars in a packed train jumped the tracks today. rescue officials confirm 28 deaths already and say that number will likely rise as they search the wreckage. more than 100 people are reported hurt.
>>> big news in washington this morning. one debt ceiling deal seems dead. will a critical meeting later today help save the country's economy. >>> the space shuttle docks for the last time with the space station. we'll get a unique perspective from a former astronaut. >>> rolling out the red carpet. take a look at this. the british royal couple meet and greet some of hollywood's biggest stars. we'll get all the buzz from their trip. >>> busting medical myths. a new book that separates fact from fiction on some big health questions. for example, does vitamin c really help stop holds? i'd like to think so. >>> good morning, i'm thomas roberts. alex witt has the day off. welcome to msnbc sunday. big news to talk about from washington this morning on those debt ceiling talks. it appears at least one deal is dead. the so-called grand bargain between the white house and the gop will not be happening. the grand deal called for $4 trillion in spending cuts and closing some tax loopholes. now republican house speaker john boehner says he wants no tax hikes included in the deal. but could a
hard. but this is a grave moment for the country. we need to do something very big, very substantial to bring our long term deficits down over time. we have to do that in a way that's good for the economy so we give more support to the economy still healing from the great recession. and it's going to require both sides to compromise. >> cnn dan lothian is at the white house right now. dan, bipartisan talks fell apart yesterday. what was the breaking point. >> the breaking point really was republicans, in particular house republicans, speaker john boehner saying democrats and the president continued pushing for tax increases as part of any deal. as you know, this white house, the president, has been talking about wealthier americans needing to bear some of the burden here and looking at how you can shave back some of the breaks and loopholes that wealthy americans receive. so boehner walking away from the discussions now looking at perhaps some sort of a smaller deal. but the white house saying that the president still wants to move forward with this ambitious plan of cutting the defi
together to remember betty ford. >>> losing and winning big. how she went from an overweight teen to a beauty queen with miss america now in her sights. >>> and from the swankiest lounges, to hidden dive bars. hot 99.5's cruz w >>> is your coffee cup at starbucks just not big enough? now it can be even bigger. the coffee chain will offer a new 31 ounce trenta size. it's like a big gulp, 7 ounces larger than the venti. and has more volume at that point average stomach. for now your iced coffees and teas will be available in the super sized cup in the d.c. area. more than half of their customers already order the largest size they have already. >>> from baristas to bars. we have cruz with us to talk about the best bars in the washington region. people can go to your web tight and vote for the best bar on the list. >> these aren't bars or nightclubs. the whole idea, we wanted to find -- create a list of what was hot, hot stuff in d.c. we created these categories. people gave us their nominations. you can go to hot 99.5.com/kane and vote for bars all over the d.c. area, which is great
at 30 miles per hour toward areas like lou ray and big meadows. anywhere you see an the map those shadings of yellow and orange and red, very heavy rain is coming down. and we've got flash flood warnings up for fairfax county, areas of the western district there. southern prince george's county, as well as northern charles county and prince william county, as well as up into montgomery county. we'll check out louden county. so very heavy rain. remember, turn around, don't drown. we're seeing rainfall in excess of an inch, at least, but coming down at a very good rate. our temperatures now in the 70s after climbing into the 90s. and even still down to the south, fredericksburg, still holding at 91 degrees. but the air now, getting a chance to cool down, and it will be drying out. so i expect this line of storms to be around up until about 6:00 as it makes its way southeast out of the area. so next couple of days, we're not going to be seeing heat indices up in the upper 90s anymore. your goodnight forecast, 6:00 to 9:00 p.m., upper 80s. i'll have more coming up in a couple minutes.
visit from the pitching coach. he got the call at could be a big call for the cubs tonight. it was right on that line according to pitch trax about that pitch you want to get it if you are not during strikes. not throwing strikes, they turn it cubs win. the pirates didn't like it but the ball game is over. the cab said even up the series with a 6- 3 win. i'm surprised he was able to make that through in time may be carlos rushed it just little. but in the game is over the cubs get a big break as they face the pirates tonight 6-3. coming up on wgn news and unpleasant to delay on a flight overseas. ugh, my feet are killin' me. well, we're here to get you custom orthotic inserts. dr. scholl's custom fit orthotic center recommends the custom-fit orthotic that's best for your tired feet. foot-care scientists are behind it. you'll get all-day relief. for your tired achy feet. for locations, see drscholls.com. thank you... [ man ] zero calories. maximum pepsi taste...taste. [ beeping ] ♪ ♪ [ cheering fireworks popping ] ♪ ♪ great save, kid. you deserve this. ♪ ♪ [
the forecast. wall street rallied. a big bucket of cold water was poured on wall street and the economy with the lackluster jobs. >> the economy added an average of 215,000 jobs per month in the previous three months so the anticipation was there. and it showed a stand still in june. what is it about june, do we know what happen? >> it's not just june. they went back and revised downward the prior month. they thought they had 57,000 jobs in may. it turned out it was 25,000. they got rid of it -- they revised away 45,000 additional jobs. we think there have been temporary blips in the economy, the greek situation, storms all through the south you were reporting on. you've had high gas prices and a whole lot of other things have been happening and that caused the economy to come to a stand still and hiring come to a stand still in may and june. we hope that's the case. >> you want to bring up an important thing that a lot of people don't hear about. you call it the real unemployment rate, the ratio of unemployed, discouraged workers and people working part time because they can't find ful
, there's a big red carpet event, organized by the british academy of film and television arts. and that's about promoting young british talent in hollywood to the studio execs, but also expecting some very big a-list names. we're not being given any of those names yet, but everyone's going to show -- lots of a-listers have requested to go there. so i'm sure a lot of those requests have been accepted. i know our own piers morgan is going look. so it's definitely a-list. >> oh, piers is in! can't wait to get the scoop. max foster, thanks so much. and the royal couple's charm offensive is underway in tins ltown. in half an hour, we'll talk to "us weekly" melanie bromley to see how that is working, if it is. >>>and a plan to make traveling into space as routine as boarding an airplane. not just for astronauts, but for everyday people. coming up, the next level for someplace exploration. it's fascinating. >>> also, the nature of suffering economy. we'll look at the latest job numbers and what they mean for candidate s on the presidential campaign trail. and nevada has the highest unemploymen
happened essentially is that this jobs report came over and poured a big bucket of cold water on hopes of a quicker recovery. it tells you that there was a slowdown and a real standstill in hiring that happened in may and june. what we're going to be looking for, by the way, next week is the beginning of earnings season to try to see that if in the slow growth economy companies found a way to make money again. >> steve also says companies hoping to see more confidence on the part of consumers before they have the confidence to start hiring. >>> capitol hill will be buzzing today ahead of a major meeting at the white house tomorrow on the debt ceiling. top lawmakers from both sides of the aisle will sit down president obama and vice president biden hoping to get closer to cutting a deal. this morning the president said there is common ground, but it will mean unpopular decisions by both parties. >> we agree on some of the big things. we agree that after a decade of racking up deficits and debt we need to get our fiscal house in order. we agreed that to do that both sides are going to ha
. the president still wants a big plan that would cut the deficit by $4 trillion. twice what republicans proposed. but here's the standoff. while republicans like the idea of cutting hundreds of billions of dollars from medicaid, medicare, and social security, democrats don't. and then republicans refuse the prprident's plan to increase taxes, revenue, by cutting subsidies on oil and gas companies and closing tax loopholes for other businesses. >> to get a big package would require big tax increases. it's a terrible idea. it's a job killer. >> reporter: and of course these talks face the deadline.. august 2nd. when the government will no longer be able to borrow to pay all of its bills. >> no responsible leader would say the united states of america, for the first time in its history, should not pay its bills, meet its obligations. that would be catastrophicor the economy. >> reporter: once again, just the fact that nobody talked about what happened in this hour and a half meeting does not bode well that they made a lot of progress. >>> a plane crash has taken the lives of a florida couple and th
to the men and women watching us on the armed forces network. a big thank you to you as well. >>> we're just hours before tonight's debt reduction talks at the white house. live pictures there this morning. the ambitious hopes for a large-scale deal have been dashed. the apparent sticking point? taxes, here is how house speaker, john boehner, sees it as democrat and republican leader prepare for tonight's showdown. quote, despite good-faith efforts to find common ground, the white house will not pursue debt reductions without tax hikes. i believe the best approach may be to focus on producing smaller cuts, that still meets our call for spending reforms and cuts greater than the amount of the debt limit increase. the white house talking about expectations at those talks. here's what spokesman dan fiver had to say about it. he said we cannot ask the middle class and seniors to bear all the burden of higher costs and budget cuts. we need a balanced approach, he says that asks the very wealthiest and special interests to pay their fair share as well and we believe the american people agree. cnn
? >> what we need to do is the president proposed that we deal with this very big problem in a big way. and that democrats should put all of our sacred cows on the table. we demonstrated that we're willing to put all our sacred cows on the table. the republicans are simply not willing to do anything but sit on their hands and cross their arms like spoiled children, almost. and that's just not responsible. what democrats want to do when it comes to dealing with entitlements is make sure that we don't end medicare as we know it. that we don't cut benefits but we look at medicare and social security in a way that can preserve the long-term solvency of those programs and not propose what the republicans have to end those programs. >> speak of safety nets, the president did say in his interview last night that he could not guarantee that he would continue paying social security benefits if there were a default. this is what michele bachmann had to say about that. >> we were all shocked and appalled that president obama dangeled out in front of the cameras that senior citizens may not get th
for a big deal on the debt ceiling. meeting with congressional leaders and calling for more talks on monday with a presidential news conference ahead of it. >>> meanwhile, as you see from live pictures from new york the debt clock keeps on ticking. also inflammatory words put on paper in the form of a pledge about slavery, black children, and president obama has two presidential contenders backtracking tonight. what did they mean? >>> and the british invasion. william and kate's whirlwind trip through california. cnn traveled with the royals. one stop included l.a.'s skid row. sp and -- >> as far as i'm concerned betty ford saved my life. i went in for cocaine addiction. >> the first lady who helped save the lives of some of the most famous people in the world by turning her struggle into triumph. tonight we remember betty ford who changed the way we all view addiction and recovery. >>> good evening. i'm don lemon. the debt clock just keeps ticking up. a startling reminder of just what a dire situation we are in when it comes to ongoing deficit negotiations. unless congress raises the amoun
a lot. he want as big deal. will he and the president find a compromise? guess who is back? nancy pelosi, your favorite friend, the foam house speaker is back at the table and is in open the debt talks and wants to point the fingers at ... guess who? >> day one of 85 of the republican majority in the congress and we have not seen one jobs bill come to the floor. >>dave: day 185. we expect the republican congress to create jobs in less than a year yet the democrats had four years in control of congress and did what for jobs? >> and the day of fast tush around in the media and all at, quick response from romney about her comments. listen to this. uncertainty is probably the one thing, a heck of a problem. is my company going to be here? it is tough. things have to change. have to change. >>dave: that ad in response to comments early this week, from the senior advisor to president obama who said people will not vote based on the unemployment rate and jobs numbers but based on their situation. well, their situation is the unemployment rate. it is the jobs numbers. that is their reality. so,
something that that big a deal. so are you concerned, congressman west, about what happens come august 2nd? and that if it is, you know, the situation where people stop getting social security checks, that folks like you will pay for it come election time? >> no. my concern is we have a president that is not willing to do his job, and that is to prioritize the spending that he is digging in his heels being a rigid i'd log, and he must understand that every single one of his economic policies have failed. it's time he realize that he does not have the moral high ground in this argument and that we do have the right type of viable solutions in the near term and for the long term. martha: let me ask you this, in the caucus meeting that you were in this morning, what did you walk out of with in terms of whether or not there's going to be any deal? are we going to get any deal, or are so many republicans in the house basically digging in their heels and saying no deal? >> well, i think the thing right now is that we understand there's some principles that we're looking for, pretty much exactly
a look outside with meteorologist ava marie. our big story this morning comes out of baltimore county, where a four-alarm fire at a hotel, sent two people to the hospital, and forced the evacuation of all150 hotel guests . this happened last night at the days inn in the 57-hundred block of baltimore national pike in catonsville. and 11 news reporter sheldon dutes was there. arrest in that deadly stabbing outside an inner harbor restaurant on july 4th. 32-year-old marcus harris faces first degree murder charges this morning in connection with the death of joseph calo. harris turned himself in at police headquarters saturday afternoon. calo was a tourist from alabama. he was stabbed to death outside of mccormick and schmick's restaurant shortly after the july 4th fireworks show. police believe the stabbing may have been the result of an earlier altercation. a wittness took a picture of the suspect .. which turned out to be an invaluable piece of evidence. calo's former girlfriend says she's pleased about the arrest. according to court records, harris' criminal history dates back to 2005
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